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SAFE Mortgage Loan Originator

SAFE Mortgage Loan Originator License -NMLS

Prices & EnrollmentAre you considering a career as a mortgage loan originator (MLO), or are you already working in the industry? Under the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE), individuals involved in the mortgage loan origination process are required to obtain licensure.

Get compliant 100% online with convenient SAFE education courses from Allied. You can even meet your national SAFE education requirements in 14 days!

Live Support Coaches

Our staff is dedicated to the success of all of our students in every Allied course. Throughout your SAFE education courses, you will receive personalized student support through e-mail, phone and fax during regular business hours. There are knowledgeable representatives to assist you every step of the way.

Paid Credit Banking Fee!

Don’t get forced into paying extra fees. Allied Business Schools, Inc. pays the NMLS credit banking fee for every student that completes applicable SAFE courses. Other schools charge extra.

100% Online Course

With an online course, you can satisfy your SAFE education requirements from home, your office or anywhere you receive Internet connection. It’s a smart, convenient way to keep your career on track while avoiding the extra time and expense associated with driving to a classroom.

Nationwide Mortgage Licensing System & Registry (NMLS) Approved Education

Allied Real Estate Schools is an approved NMLS education provider. When you enroll, you’ll receive effective, comprehensive course materials so you can pass the SAFE exam and focus on what’s important – your career.

NMLS Provider ID #1400321

Prices & Enrollment

 

SAFE Mortgage Loan Originator Online Courses

Prices & EnrollmentPartner with an NMLS approved education provider to meet your Mortgage Loan Originator requirements the convenient, more effective way – 100% online. Allied’s course curriculum focuses on core SAFE principles. This means students learn exactly what they need to know so they can progress and meet their education needs.

In order to meet SAFE compliance regulations, you will need to:

  • Complete the NMLS application process
  • Complete the MLO pre-license education
  • Register, prepare for and complete the SAFE examination

Not sure what to take? Call (888) 501-7686 for assistance.

Note: Mortgage loan originator training is available as both programs and individual courses as described below.

Paid Credit Banking Fee!

Don’t get forced into paying extra fees. Allied Schools pays the NMLS credit banking fee for every student that completes applicable SAFE courses. Other schools charge extra.

Allied’s Online SAFE Courses, Prep & Packages Include:

Choose Your Licensing Package

Allied offers a variety of SAFE licensing packages for the above-referenced states, ranging from a national-focused package to state-specific packages. To view what packages are available in your state, please visit Allied’s SAFE pre-license education.

  • California SAFE MLO Fast Track Package
    When you enroll in this package, you receive the coursework and prep materials needed to fulfill the education-related pre-requisites for your mortgage license. Benefit from an NMLS approved course and hands-on exam prep, which help meet your 20 hours of required education and prepare you for the national test.

    Your package includes:

    20-Hour CA-DBO SAFE Comprehensive Course - Your education will include four comprehensive sections that focus on federal laws and regulations, including the TILA-RESPA Rule, fraud, consumer protection and fair lending issues, non-traditional mortgage products, CA-DBO regulations, as well as loan products and programs.

    SAFE Mortgage Loan Originator National Exam Prep with UST - Benefit from 400+ questions that that test your knowledge of federal mortgage-related laws, general mortgage knowledge, mortgage loan origination activities and ethics, in addition to questions related to UST.

  • National SAFE MLO Fast Track Package with Prep
    (AK, AR, CA - BRE, DE, FL, IA, IL, KS, LA, ME, NH, SC, SD, VA, WY)

    Select this package to receive the courses and exam prep that meet the pre-license requirements to become a mortgage loan originator in the above approved states. You will fulfill the 20 hours of required education and get the online prep to help you prepare you for and pass the national exam.

    Your package includes:

    18-Hour SAFE Core Mortgage Loan Originator - Allied’s Mortgage Loan Originator SAFE Core course is a 18-hour online prelicensing course. It is designed to satisfy 18 hours of the pre-licensure education requirements of the SAFE Act, including 3 hours of federal laws and regulations, which includes the TILA-RESPA Rule; 3 hours of ethics, which includes instruction on fraud, consumer protection, and fair lending issues; and 2 hours of training related to lending standards for the nontraditional mortgage product marketplace. The remaining 10 hours cover loan products and programs, underwriting, and settlement procedures. Syllabus

    2-Hour Loan Servicing and Foreclosure - Allied’s 2-Hour SAFE Loan Servicing and Foreclosure Course is an elective education course. It will cover various aspects of loan servicing, such as impound accounts, payoff demand statements, and insurance requirements, as well as processes and procedures related to default and foreclosure. Syllabus

    SAFE Mortgage Loan Originator National Exam Prep with UST – Be prepared to pass the national exam! You’ll get access to hundreds of questions that that test what you know and help pinpoint areas needing extra study. You’ll get a thorough review of topics, such as federal mortgage-related laws, general mortgage knowledge, mortgage loan origination activities and ethics, in addition to questions related to UST.

  • Texas SAFE MLO Fast Track Package with Prep
    When you enroll in this package, you receive the courses and exam prep that meet the pre-license requirements for your Texas mortgage license. You will fulfill the 23 hours of required education and get the online prep to help you prepare you for the national exam – all 100% online, on your schedule.

    Your package includes:

    18-Hour SAFE Core Mortgage Loan Originator - Allied’s Mortgage Loan Originator SAFE Core course is a 18-hour online prelicensing course. It is designed to satisfy 18 hours of the pre-licensure education requirements of the SAFE Act, including 3 hours of federal laws and regulations, which includes the TILA-RESPA Rule; 3 hours of ethics, which includes instruction on fraud, consumer protection, and fair lending issues; and 2 hours of training related to lending standards for the nontraditional mortgage product marketplace. The remaining 10 hours cover loan products and programs, underwriting, and settlement procedures. Syllabus

    2-Hour Loan Servicing and Foreclosure - Allied’s 2-Hour SAFE Loan Servicing and Foreclosure Course is an elective education course. It will cover various aspects of loan servicing, such as impound accounts, payoff demand statements, and insurance requirements, as well as processes and procedures related to default and foreclosure. Syllabus

    3-Hour TX-SML SAFE Mortgage Law - This course focuses on Texas-SML defined education, which includes the rules that must be followed when providing home equity loans, HELOCs, and reverse mortgages; procedures related to foreclosing on home equity loans; and the SMA operations, administration, and examination procedures for mortgage companies and mortgage bankers as well as their licensed RMLOs. Syllabus

    SAFE Mortgage Loan Originator National Exam Prep with UST – Be prepared to pass the national exam! You’ll get access to hundreds of questions that that test what you know and help pinpoint areas needing extra study. You’ll get a thorough review of topics, such as federal mortgage-related laws, general mortgage knowledge, mortgage loan origination activities and ethics, in addition to questions related to UST.

  • Florida SAFE MLO Fast Track Package with Prep

    Choose this all-inclusive package to get the pre-license courses and exam prep that meet the Arizona MLO requirements. You will fulfill 22 hours of education and receive the online prep to help you prepare for the national exam and pass on your first try.

    Your package includes:

    18-Hour SAFE Core Mortgage Loan Originator - Allied’s Mortgage Loan Originator SAFE Core course is a 18-hour online prelicensing course. It is designed to satisfy 18 hours of the pre-licensure education requirements of the SAFE Act, including 3 hours of federal laws and regulations, which includes the TILA-RESPA Rule; 3 hours of ethics, which includes instruction on fraud, consumer protection, and fair lending issues; and 2 hours of training related to lending standards for the nontraditional mortgage product marketplace. The remaining 10 hours cover loan products and programs, underwriting, and settlement procedures. Syllabus

    4-Hour AZ Mortgage Law - Allied’s 4-Hour AZ SAFE Mortgage Law course is a 4-hour online prelicensing course. This course illustrates the current state of the mortgage industry in Arizona and highlights the purpose of both the Arizona Department of Financial Institutions (AZDFI) and the Nationwide Mortgage Licensing System and Registry (NMLS). Following this course, students will be able to identify the different types of Arizona mortgage licenses and the requirements for obtaining and maintaining each type. Moreover, students will be able to recognize compliance concerns and prohibited actions associated with Arizona mortgage licenses, as well as the penalties resulting from non-compliance. Syllabus

    SAFE Mortgage Loan Originator National Exam Prep with UST – Be prepared to pass the national exam! You’ll get access to hundreds of questions that that test what you know and help pinpoint areas needing extra study. You’ll get a thorough review of topics, such as federal mortgage-related laws, general mortgage knowledge, mortgage loan origination activities and ethics, in addition to questions related to UST.

About the Licensing Courses in Your Package

  • 20-Hour CA-DBO SAFE Comprehensive Course
    (CA DBO Only)

    Course Details

    Online Text: Mortgage Loan Originator

    5 required sections - each section includes overview, objectives, 1 – 3 units of content, and assignments with section class discussion, multiple-choice section exam and section activity (sections 1 - 3)

    Online final exam - 50 multiple-choice questions; non-proctored; 1.5-hour time limit

    Course Overview

    Allied Real Estate Schools’ Mortgage Loan Originator SAFE Comprehensive course is a 20-hour online pre-licensing course. It is designed to satisfy all of the pre-licensure education requirements of the SAFE Act. The course includes three (3) hours of federal laws and regulations, which includes the TILA-RESPA Rule; three (3) hours of ethics, which includes instruction on fraud, consumer protection, and fair lending issues; and two (2) hours of training related to lending standards for the nontraditional mortgage product marketplace. Additionally, the course includes two (2) hours of CA-DBO specific agency regulations. The remaining ten (10) hours cover loan products and programs, underwriting, and settlement procedures. Note: Cohorts start weekly (every Wednesday).

    Course Objectives

    1. Differentiate among loan amortization types and specify features of real estate loans
    2. Identify and differentiate among various types of loan programs and financing options
    3. Recall aspects of the real estate loan underwriting and funding decisions
    4. Review the TILA-RESPA Rule and apply it to the completion of the Loan Estimate and Closing Disclosure forms
    5. Recall fair lending legislation and specify the consumer protections provided by each fair lending law
    6. Recall ethical considerations in mortgage lending
    7. Identify the characteristics of mortgage fraud scams and predatory lending
    8. Recognize elements of the settlement process
    9. Identify the two California state agencies that regulate mortgage licensees and differentiate the requirements for each type of license

  • 18-Hour SAFE Core Mortgage Loan Originator Course
    (AK, AR, AZ, CA - BRE, DE, FL, IA, IL, KS, LA, ME, NH, SC, SD, TX, VA, WY)

    Your package will include this 18-hour course, in addition to a 2-hour course to fulfill your 20 hours of education.

    Course Details

    Online Text: Mortgage Loan Originator

    4 required sections - each section includes overview, objectives, 1 – 3 units of content, and assignments with section class discussion, multiple-choice section exam and section activity (sections 1 - 3)

    Online final exam - 45 multiple-choice questions; non-proctored; 1.5-hour time limit

    Course Syllabus

    Course Overview

    Allied’s Mortgage Loan Originator SAFE Core course is a 18-hour online prelicensing course. It is designed to satisfy 18 hours of the pre-licensure education requirements of the SAFE Act, including 3 hours of federal laws and regulations, which includes the TILA-RESPA Rule; 3 hours of ethics, which includes instruction on fraud, consumer protection, and fair lending issues; and 2 hours of training related to lending standards for the nontraditional mortgage product marketplace. The remaining 10 hours cover loan products and programs, underwriting, and settlement procedures. Note: Two course sessions will start every other Wednesday, limit 15 students per session.

    Course Objectives

    1. Differentiate among loan amortization types and specify features of real estate loans.
    2. Identify and differentiate among various types of loan programs and financing options.
    3. Recall aspects of the real estate loan origination process, including application, underwriting, and funding decisions.
    4. Review the TILA-RESPA Rule and apply it to the completion of the Loan Estimate and Closing Disclosure forms.
    5. Recall fair lending legislation and specify the consumer protections provided by each fair lending law.
    6. Recall ethical considerations in mortgage lending.
    7. Identify the characteristics of mortgage fraud scams and predatory lending.
    8. Recognize elements of the settlement process.

  • 2-Hour SAFE Loan Servicing and Foreclosure Course
    (AK, AR, CA - BRE, DE, IA, IL, KS, LA, ME, NH, SC, SD, TX, VA, WY)

    Your package will include a 2-hour elective course, in addition to the 18-Hour SAFE Core Mortgage Loan Originator course to fulfill your 20 hours of education. Texas students will also receive the 3-Hour TX-SML SAFE Mortgage Law course.

    Course Details

    Online Texts: Selections from Real Estate Finance

    2 required units - each section includes overview, objectives and assignments with multiple-choice unit exam and activity (unit 1 only)

    Online final exam - 15 multiple-choice questions; non-proctored; 30-minute time limit

    Course Syllabus

    Course Overview

    Allied’s 2-Hour SAFE Loan Servicing and Foreclosure Course is an elective education course. It will cover various aspects of loan servicing, such as impound accounts, payoff demand statements, and insurance requirements, as well as processes and procedures related to default and foreclosure. Note: Two course sessions will start every other Monday, limit 15 students per session.

    Course Objectives

    1. Recognize elements of loan servicing.
    2. Identify facets of loan default and related procedures, as well as aspects of the foreclosure process.

  • 2-Hour FL SAFE Mortgage Law
    (Required in FL; also approved in AK, AR, CA - BRE, DE, IA, IL, KS, LA, ME, NH, SC, SD, TX, VA, WY)

    Your package will include a 2-hour elective course, in addition to the 18-Hour SAFE Core Mortgage Loan Originator course to fulfill your 20 hours of education. Texas students will also receive the 3-Hour TX-SML SAFE Mortgage Law course.

    Course Details

    Online Text: Florida Mortgage Licensing Requirements

    2 required units - each section includes overview, objectives and assignments with multiple-choice unit exam and activity (unit 1 only)

    Online final exam - 15 multiple-choice questions; non-proctored; 30-minute time limit

    Course Syllabus

    Course Overview

    Allied’s 2-Hour FL SAFE Mortgage Law course is a 2-hour online prelicensing course. It is designed to satisfy the pre-licensure education requirements of the SAFE Act. The course covers Florida’s defined education, which includes mortgage loan origination, mortgage brokerage, and mortgage lending businesses in Florida, as well as the three major types of licenses and major compliance issues within the mortgage industry. Note: One course session will start every other Tuesday, limit 15 students per session.

    Course Objectives

    1. Recognize Florida’s rules and regulations regarding mortgage loan origination, brokerage, and lending.
    2. Specify compliance issues and disciplinary action regarding mortgage loan origination, brokerage, and lending.

  • 3-Hour TX-SML SAFE Mortgage Law
    (TX Only)

    Your package will include this 3-hour course and a 2-hour elective course, in addition to the 18-Hour SAFE Core Mortgage Loan Originator course to fulfill your 23 hours of education.

    Course Details

    Online Text: 3-Hour TX-SML Mortgage Law

    2 required units - each section includes overview, objectives and assignments with multiple-choice unit exam and activity (unit 1 only)

    Online final exam - 15 multiple-choice questions; non-proctored; 30-minute time limit

    Course Syllabus

    Course Overview

    This course focuses on Texas-SML defined education, which includes the rules that must be followed when providing home equity loans, HELOCs, and reverse mortgages; procedures related to foreclosing on home equity loans; and the SMA operations, administration, and examination procedures for mortgage companies and mortgage bankers as well as their licensed RMLOs.

    Course Objectives

    1. Identify the rules that must be followed when providing home equity loans, HELOCs, and reverse mortgages to (or foreclosing on) homeowners of Texas homestead property.
    2. Recall licensing requirements and RMLO duties and responsibilities and identify methods used by the SML to ensure that mortgage companies, mortgage brokers, and RMLOs comply with the Texas Finance Code and Rules enforcing it.

  • 4-Hour AZ SAFE Mortgage Law
    (Required in AZ; also approved in AK, AR, CA - BRE, DE, IA, IL, KS, LA, ME, MN, MO, SD, TX - OCCC, UT-DFI, VA, WY)

    Your package will include this 4-hour course and a 2-hour elective course, in addition to the 18-Hour SAFE Core Mortgage Loan Originator course to fulfill 22 hours of education.

    Course Details

    Online Text: Arizona Mortgage Licensing Requirements

    3 required units - each section includes overview, objectives and assignments with multiple-choice unit exam and activity (unit 1 only)

    Online final exam - 15 multiple-choice questions; non-proctored; 30-minute time limit

    Course Syllabus

    Course Overview

    This course illustrates the current state of the mortgage industry in Arizona and highlights the purpose of both the Arizona Department of Financial Institutions (AZDFI) and the Nationwide Mortgage Licensing System and Registry (NMLS). Following this course, students will be able to identify the different types of Arizona mortgage licenses and the requirements for obtaining and maintaining each type. Moreover, students will be able to recognize compliance concerns and prohibited actions associated with Arizona mortgage licenses, as well as the penalties resulting from non-compliance.

    Course Objectives

    1. Recall the events leading to the current state of the mortgage industry in Arizona and the purpose of the Arizona Department of Financial Institutions (AZDFI) and the Nationwide Mortgage Licensing System and Registry (NMLS).
    2. Identify the different types of Arizona mortgage licenses and the requirements for obtaining and maintaining each one.
    3. Recognize compliance concerns and prohibited actions associated with Arizona mortgage licenses and the penalties resulting from non-compliance.

Prices & Enrollment

Exam Prep

  • SAFE Mortgage Loan Originator National Exam Online Prep with Uniform State Content (UST)
    This exam prep is designed to prepare existing and aspiring Mortgage Loan Originators for the National Component of the exam as required by the SAFE act (Secure and Fair Enforcement for Mortgage Licensing Act). The UST tests applicants on their knowledge of high level state-related content that is based on the SAFE Act and for states that have adopted it, the UST will replace the state-specific test. States that have not adopted the UST will still require applicants to take the national test and the state-specific test.

Continuing Education

  • 8-Hour SAFE Continuing Education Package
  • (AL, AK, AZ, CA, DE, FL, IL, IA, KS, LA, ME, MI, MS, MT, NH, OH, SC, SD, TN, TX, UT, VT, VA, WY)

    The package consists of the 7-Hour SAFE Core Continuing Education course, in addition to one additional 1-hour course.

    You will receive:

    7-Hour SAFE CORE Continuing Education - Syllabus

    Choose one additional 1-hour course:

    1-Hour CA-DBO SAFE Continuing Education - Required for students licensed in California under the DBO. Syllabus

    1-Hour FL SAFE Continuing Education - Required for students licensed in Florida Syllabus

    1-Hour SAFE Continuing Education Elective: Overview of HomeReady Mortgages - Available for students licensed in viable states that do not currently require state specific education. Syllabus

    1-Hour AZ SAFE Continuing Education - Required for students licensed in Arizona Syllabus

Are you ready to get started?

You can enroll online with Allied’s convenient online enrollment options. Or, if you want to view all of Allied’s course offerings, you can view your state’s SAFE mortgage loan originator education options.

Prices & Enrollment

 

NMLS Provider ID #1400321

Mortgage Loan Originator Career

Prices & EnrollmentA mortgage loan originator (MLO) is a liaison between a lending institution and a consumer who wants to obtain a personal or business loan from that institution. The MLO will help facilitate a loan arrangement that is in the best interest of the consumer and the lending institution.

As an MLO, you will need to:

  • Have comprehensive knowledge of available loans
  • Understand the terms of available loans, including requirements and conditions for consumer qualification
  • Stay on top of changing interest rates
  • Evaluate a loan applicants’ financial situation and ability to qualify for a loan
  • Have excellent communication, organization and customer service skills

Mortgage loan originators may find employment in a variety of settings. Opportunities may be found in:

  • Banks
  • Credit Unions
  • Commercial Lending Institutions
  • Private Lending Institutions
  • And More

Earning Potential and Future Outlook

According to the Bureau of Labor Statistics (BLS), annual earnings for loan officers in 2012 was $59,820. Additionally, employment of loan officers is projected to grow 8% through 2022. Individuals with college degrees or experience may experience greater opportunity.

Why Allied’s Online Course?

  • NMLS approved, 100% online education
  • Complete pre-licensure education requirements
  • Benefit from regular start dates – a course session starts every Monday
  • Learn online, according to your busy schedule

NMLS Provider ID #1400321

Are you ready to get started?

Start or keep your mortgage loan originator career on track and get SAFE compliant 100% online. View Courses

Prices & Enrollment


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